Economy
Onanuga insists Nigeria is better with Tinubu, ‘releases evidence’

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga
Presidential Adviser to the President on Information and Strategy, Bayo Onanuga has insisted that Nigeria was better with President Bola Ahmed Tinubu.

He stated this in reaction to claims by some opposition elements that the country worsened under President Tinubu.
Onanuga said economy has faired better since 2023 that President Tinubu took over.

In the immediate past administration, he said a bag of rice cost N120,000 but now sold below ₦50,000, and in his hometown, it costs N45,000.
According to him, which has not been verified by CAPITAL POST, Nigeria’s foreign reserves were hitting $60 billion, stating that Nigerians loving abroad could now use their naira cards.
Bayo tackled some journalists for reporting claims on decline of the economy, wondering why they should believe that the country made no progress under Tinubu.
He draw the attention of the anchors to reduction in food prices and then economic gains, adding that the narrative of the worsened economy was pure mischief by the traducers of the administration.
In a statement on his handle on Friday, in direct response to an interview on Arise News, Onanuga dared the presenters to
visit markets to assess the changes in food prices.
He.further cited the cost of rice as an example, which, according to him, now sells below ₦50,000 per bag, compared to previous prices which were as high as ₦120,000.
“Food prices are crashing. The favourite rice that at a time was selling for N120k a bag has crashed below N50k. In my hometown, a bag now sells for N45K,” he said.
























